Global Photocatalyst Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Material;

Titaniumdioxide (TiO2), Zincoxide (ZnO), and Others.

By Formulation;

Powder, Liquid and Spray.

By Application;

Air Purification, Water Purification, Self-Cleaning, and Others.

By End User;

Construction, Textiles, Automotive, Healthcare, and Electronics.

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn763277031 Published Date: May, 2025 Updated Date: June, 2025

Photocatalyst Market Overview

Photocatalyst Market (USD Million)

Photocatalyst Market was valued at USD 4,337.39 million in the year 2024. The size of this market is expected to increase to USD 8,560.50 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 10.2%.


Global Photocatalyst Market Growth, Share, Size, Trends and Forecast

*Market size in USD million

CAGR 10.2 %


Study Period2025 - 2031
Base Year2024
CAGR (%)10.2 %
Market Size (2024)USD 4,337.39 Million
Market Size (2031)USD 8,560.50 Million
Market ConcentrationLow
Report Pages372
4,337.39
2024
8,560.50
2031

Major Players

  • TOTO Corporation (TOTO LTD.)
  • JSR Corporation
  • Showa Denko K.K.
  • Ishihara Sangyo Kaisha, Ltd.
  • BASF SE
  • Kronos Worldwide, Inc.
  • Green Millennium
  • CRISTAL
  • TiPE
  • Nanoptek Corp.
  • Osaka Titanium Technologies Co., Ltd

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Global Photocatalyst Market

Fragmented - Highly competitive market without dominant players


The Photocatalyst Market is experiencing steady growth fueled by the rising need for sustainable environmental technologies. These compounds are extensively applied in air and water purification and self-cleaning systems due to their light-activated decomposition abilities. Over 50% of their use is focused on environmental applications, highlighting their increasing relevance in green infrastructure.

Advancements Driving Photocatalyst Efficiency
Innovation in material engineering has led to high-performance photocatalysts with improved light sensitivity and larger surface areas. Research into titanium dioxide and nanomaterial composites now accounts for nearly 40% of development efforts, aiming to boost reactivity and maximize energy efficiency. This is enhancing their value across technological and commercial applications.

Industrial Integration and Functional Versatility
Industries are increasingly applying photocatalytic coatings to promote hygienic and durable surfaces. Nearly 35% of new construction projects are adopting these coatings for their self-sterilizing and pollution-reducing properties. Their functional versatility is making them indispensable in product innovation and building materials.

Sustainability-Driven Consumer Trends
Consumer interest in clean and non-toxic technologies is accelerating the uptake of photocatalyst-enhanced products. These materials offer energy-efficient pollutant breakdown without generating harmful byproducts. With 45% of buyers now showing preference for sustainable product features, photocatalysts are becoming a key driver of eco-conscious product design.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Material
    2. Market Snapshot, By Formulation
    3. Market Snapshot, By Application
    4. Market Snapshot, By End User
    5. Market Snapshot, By Region
  4. Photocatalyst Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Environmental Concerns
        2. Regulatory Support
        3. Advancements in Nanotechnology
        4. Increasing Urbanization
        5. Growing Applications
      2. Restraints
        1. High Cost of Implementation
        2. Performance Limitations
        3. Dependency on External Factors
        4. Health and Safety Concerns
        5. Competition from Alternatives
      3. Opportunities
        1. Emerging Economies
        2. Investment in R&D
        3. Integration with IoT and AI
        4. Expansion in Healthcare Sector
        5. Focus on Sustainable Development
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Photocatalyst Market, By Material, 2021 - 2031 (USD Million)
      1. Titaniumdioxide (TiO2)
      2. Zincoxide (ZnO)
      3. Others
    2. Photocatalyst Market, By Formulation, 2021 - 2031 (USD Million)
      1. Powder
      2. Liquid
      3. Spray
    3. Photocatalyst Market, By Application, 2021 - 2031 (USD Million)
      1. Air Purification
      2. Water Purification
      3. Self-Cleaning
      4. Others
    4. Photocatalyst Market, By End User, 2021 - 2031 (USD Million)
      1. Construction
      2. Textiles
      3. Automotive
      4. Healthcare
      5. Electronics
    5. Photocatalyst Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. TOTO Corporation (TOTO LTD.)
      2. JSR Corporation
      3. Showa Denko K.K.
      4. Ishihara Sangyo Kaisha, Ltd.
      5. BASF SE
      6. Kronos Worldwide, Inc.
      7. Green Millennium
      8. CRISTAL
      9. TiPE
      10. Nanoptek Corp.
      11. Osaka Titanium Technologies Co., Ltd
  7. Analyst Views
  8. Future Outlook of the Market